Code of Ethics

I. PURPOSE

To outline responsibilities and procedures to maintain the ethical standards of the University of Denver when purchasing and contracting for goods and services.

II. RESPONSIBILITIES AND PROCEDURES

A. Employees in Purchasing Services and other University employees with designated purchasing or contracting authority should understand and observe the Code of Ethics established by the National Association of Educational Buyers (NAEB):

1. Give first consideration to the objectives and policies of the institution.

2. Strive to obtain the maximum ultimate value of each dollar of expenditure.

5. Conduct business with potential and current suppliers in an atmosphere of good faith, devoid of intentional misrepresentation.

6. Demand honesty in sales representation whether offered through the medium of a verbal or written statement, an advertisement, or a sample of the product.

7. Receive the consent of the originator of proprietary ideas and designs before using them for competitive purchasing purposes.

8. Make every reasonable effort to negotiate an equitable and mutually agreeable settlement of any controversy with a supplier and/or be willing to submit any major controversies to arbitration or other third-party review, insofar as the established policies of the institution permit.

9. Accord a prompt and courteous reception, insofar as conditions permit, to all who call on legitimate business missions.

10. Cooperate with trade, industrial, and professional associations and with governmental and private agencies for the purposes of promoting and developing sound business methods.

11. Foster fair, ethical, and legal trade practices.

12. Counsel and cooperate with NAEB members and promote a spirit of unity and a keen interest in professional growth.